Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search

    84 SW K St Madras, OR 97741

    Picture of Retail space at SW K St 84, Madras, OR
    For Sale
    $375,000

    F - Madras, OR

    Lot size:
    0.48 Acres
    Days on Market:
    197
    Last Refresh:
    Dec 13 at 3:06 pm

    Property Features for 84 SW K St

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Standard status
    Active
    Zoning
    C3
    APN
    1328
    Parking
    15
    Lot size
    0.48 Acres

    Utilities

    Heating system
    Natural Gas
    Cooling system
    None (Cooling)

    Building Details

    Year built
    1950
    Floors in Building
    1
    Flooring type
    Concrete
    Building materials
    Block
    Roof type
    Built-Up
    Architectural style
    Other

    EXP REALTY LLC (888) 814-9613 [email protected]

    Listing agent Mike C. Ahern (888) 814-9613 License #200202246

    Listing date May 31, 2025

    MLS# 220203007 Listing URL

    Copyright © 2025 MLS of Central Oregon. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Highway 97 Retail Opportunity

    Located on Highway 97 South in Madras, this property offers a fenced lot suitable for retail or shop use. The property includes useful open space with an overhead door. Zoned C3, the property allows for both commercial and residential use. The lot size is 0.48 acres. The billboard lease does not convey with the sale and is a separate account with the assessor's office. The building is sold as is.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Retail space

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Madras
    County
    Jefferson
    State
    Oregon
    Longitude
    -121.131101
    Latitude
    44.624065

    Nearby Similar for Sale

    • $1,100,000
      2,996 SF

      Pivot-Irrigated Farm with Mountain Views

      35-acre farm with updated home and outbuildings near town.
      547 SW Bear Dr, Madras, OR 97741
      View Details
    • $2,500,000
      1.22 Acres

      Central Oregon Commercial Property For Sale

      Turn-key gas station, convenience store, and pub in Madras, OR.
      268 N 5Th St, Madras, OR 97741
      View Details
    • $1,890,000
      2,477 SF

      Productive Farm with Water Rights

      198-acre farm with water rights, updated home, and mountain views.
      1774 W Ashwood Ln, Madras, OR 97741
      View Details
    • $485,000
      Pending

      Madras Commercial Opportunity on Highway

      6,400 SF building on Hwy 97 with excellent visibility.
      520 S 5Th St, Madras, OR 97741
      View Details
    • $5,200,000
      51,675 SF

      Turnkey Self-Storage Investment Opportunity

      3-acre self-storage facility with 290 units in Madras, Oregon.
      1456 SW Olive St, Madras, OR 97741
      View Details
    • $349,000
      0.20 Acres

      Detached Duplex with Income Potential

      Unique duplex in Madras, OR, ideal for investment or living.
      397 SE 6Th St, Madras, OR 97741
      View Details

    FAQs

    What type of property is this?
    Retail space - Retail or shop space on Highway 97 in Madras.
    Where is this retail space located?
    The property is located at 84 SW K St Madras, OR.
    What is the asking price?
    The asking price for this property is $375,000.
    What are key features of this property?
    This property features: - High-traffic location on Highway 97 South.; - C3 zoning allows for both commercial and residential use.; - Useful open space with an overhead door.
    (888) 814-9613
    Request Owner's contact information
    84 SW K St Madras, OR 97741
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    84 SW K St
    Madras, OR 97741
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    84 SW K St Madras, OR 97741
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.